Strategic Education, Inc. STRA Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Consolidated revenue by Business | ||||||
| Australia / New Zealand | $51.82M+7.4% | $65.59M-1.6% | $68.59M-4.7% | $69.14M-2.8% | $48.26M+1.9% | |
| Education Technology Services | $41.52M+21.0% | $39.09M+28.3% | $38.29M+45.6% | $36.69M+49.6% | $34.32M+45.2% | |
| U.S. Higher Education | $212.59M-3.8% | $218.53M+2.0% | $213.07M+2.6% | $215.64M-0.5% | $221.01M+0.8% | |
| Consolidated income from operations by Business | ||||||
| Australia / New Zealand | -$2.01M+4.2% | $12.31M+14.6% | $12.49M-15.9% | $12.76M-9.3% | -$2.1M+7.1% | |
| Education Technology Services | $19.69M+42.2% | $13.98M+18.5% | $15.96M+47.8% | $15.03M+49.8% | $13.85M+37.3% | |
| U.S. Higher Education | $25.5M-14.9% | $28.3M+58.3% | $22.85M+99.7% | $20.76M+4.7% | $29.96M+6.9% | |
| Direct segment expenses by Business | ||||||
| Australia / New Zealand | $48.32M+6.8% | $47.45M-6.5% | $50.64M-3.3% | $50.87M-3.0% | $45.25M+0.1% | |
| Education Technology Services | $19.71M+4.8% | $21.52M+23.0% | $20.87M+43.8% | $19.95M+48.0% | $18.81M+51.3% | |
| U.S. Higher Education | $171.62M-2.2% | $175.18M-2.6% | $176.81M-2.7% | $179.84M-1.2% | $175.54M-0.1% | |
| Stock-based compensation expense included in operating expense by Business | ||||||
| Australia / New Zealand | $241K-32.1% | $357K-66.9% | $462K-56.5% | $407K-55.6% | $355K-60.3% | |
| Education Technology Services | $445K-29.3% | $649K+13.1% | $718K+44.2% | $753K+57.2% | $629K+61.7% | |
| U.S. Higher Education | $4.6M+5.1% | $4.71M-6.9% | $4.65M-11.6% | $4.66M-8.9% | $4.38M+12.0% | |
| Enterprise shared services allocation by Business | ||||||
| Australia / New Zealand | $5.51M+8.0% | $5.83M+12.4% | $5.47M+15.9% | $5.52M+19.3% | $5.11M+15.5% | |
| Education Technology Services | $2.12M+27.1% | $3.59M+209% | $1.47M+46.8% | $1.72M+69.3% | $1.67M+48.5% | |
| U.S. Higher Education | $15.47M-0.3% | $15.04M-9.3% | $13.4M-8.2% | $15.04M+1.6% | $15.51M-0.1% | |
| Currency translation adjustments by Business | ||||||
| Australia / New Zealand | $13.14M+365% | $5.35M+110% | $5.96M-69.6% | $21.4M— | $2.83M+113% | |
| Education Technology Services | $0— | $0— | $0— | $0— | $0— | |
| U.S. Higher Education | $0— | $0— | $0— | $0— | $0— | |
| Goodwill, Acquired During Period by Business | ||||||
| Australia / New Zealand | $0— | $0— | $0— | $0— | $0— | |
| Education Technology Services | $0— | $0— | $0— | $0— | $0— | |
| U.S. Higher Education | $0— | $0— | $0— | $0— | $0— | |
| D&A by Business | ||||||
| Australia / New Zealand | $2.22M-5.3% | $2.41M+13.7% | $2.39M+23.6% | $2.49M-3.0% | $2.34M-4.4% | |
| Education Technology Services | $1.42M+27.8% | $1.48M+49.4% | $1.34M+50.9% | $1.24M+55.5% | $1.11M+40.1% | |
| U.S. Higher Education | $7.12M-6.7% | $9.04M+12.2% | $6.44M-19.3% | $7.63M-2.2% | $7.63M-2.6% | |
| Impairment of goodwill by Business | ||||||
| Australia / New Zealand | $0— | $0— | $0— | $0— | $0— | |
| Education Technology Services | $0— | $0— | $0— | $0— | $0— | |
| U.S. Higher Education | $0— | $0— | $0— | $0— | $0— | |
| Goodwill by Business | ||||||
| Australia / New Zealand | $523.48M+9.6% | $510.34M+7.5% | $504.99M-4.5% | $499.03M-1.9% | $477.64M-4.1% | |
| Education Technology Services | $100M0.0% | $100M0.0% | $100M0.0% | $100M0.0% | $100M0.0% | |
| U.S. Higher Education | $632.08M0.0% | $632.08M0.0% | $632.08M0.0% | $632.08M0.0% | $632.08M0.0% | |
| Consolidated revenue by Product | ||||||
| Other | $10.51M-5.1% | $11.62M+0.7% | $11.34M+4.9% | $10.22M-8.5% | $11.08M-1.5% | |
| Tuition, net of discounts, grants and scholarships | $253.9M-1.7% | $272.5M+1.1% | $270.32M+0.5% | $274.56M-0.7% | $258.19M+1.1% | |
| Revenue remaining performance obligation by Product | ||||||
| Learn and Earn Scholarship | $17.3M+8.8% | $16.7M— | $15.9M— | $15.7M— | $15.9M— | |
| Tuition Cap | $8.1M+37.3% | $7.4M+39.6% | $6.8M+1.5% | $6.5M+25.0% | $5.9M+11.3% | |
| Restricted cash included in other current assets by Geography | ||||||
| Australia and New Zealand | $9.6M-3.0% | $8M+9.6% | $6.6M-29.8% | $8.8M-22.8% | $9.9M-26.1% | |
| United States | $300K-84.2% | $300K-83.3% | $1.9M+5.6% | $2.1M0.0% | $1.9M+5.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Strategic Education, Inc. break its business down?
- Strategic Education, Inc. (STRA) reports consolidated revenue by business across 3 parts — Australia / New Zealand, Education Technology Services and U.S. Higher Education. Each is extracted from the segment footnotes and tracked over time.
- Where does Strategic Education, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Strategic Education, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.